Porsche, which is owned by Germany’s Volkswagen, bought the distributor from three investors – Luxinvest, BM Inversiones and a San Felipe investment fund. Grasty Quintana Majlis & Cía and Jorquiera & Rozas Abogados advised Luxinvest and BM Inversiones, while San Felipe turned to Guzmán y Cía on the deal that closed on 9 April for an undisclosed amount. Maco has distributed the vehicles in Chile since the early 1980s.